Dover, MN Foreclosures
How much do homes sell for in Dover, MN?
The average home price is currently $373,504.
What’s the average rental cost in Dover, MN?
The average rental price in Dover is $1,577.
What is the most expensive home in Dover?
The most expensive home sold in Dover had a price of $1,626,000.
What is currently the cheapest priced home in Dover, MN?
The cheapest home for sale in Dover is priced at $42,823.
Living in Dover, MN
Dover, MN is a quaint town offering a peaceful lifestyle with strong community ties. Just a short drive from Rochester, residents enjoy outdoor activities, family-friendly amenities, and a welcoming atmosphere. The natural beauty of Minnesota surrounds the town, making it a perfect place to call home.
Current Market Conditions in Dover, MN
Dover has seen a gradual increase in real estate activity over the last year, with homes selling at a steady pace. Buyers are attracted to the area's small-town charm and proximity to Rochester, driving demand for entry-level and mid-range homes.
Currently, the market shows a limited inventory of homes for sale, which has led to increased competition among buyers. Sales prices have stabilized in the last month, aligning closely with the appraisal values, making it a favorable time for sellers.
Home Value Estimator For Dover, MN
There are currently 427 real estate properties
in Dover, MN,
with a median automated valuation model (AVM) price
of $304,955.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dover, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Dover, MN,
is $373,504.00, with the most expensive house
in Dover, MN, topping out
at $1,626,000.00 and the cheapest home
in Dover, MN,
clocking in at $42,823.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dover, MN!
Rent Prices
In Dover, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dover, MN, is on
a rollercoaster ride. The
average rent price in Dover, MN,
is $1,577.00. Indeed, when looking to rent in
Dover, MN, you can expect to pay as little
as $840.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Dover, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
